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Minnesota Power Foundation is a private corporation based in DULUTH, MN. The foundation received its IRS ruling in 2007. The principal officer is Donald Stenger. It holds total assets of $841K. Annual income is reported at $804K. Total assets have decreased from $1.5M in 2011 to $930K in 2023. The foundation is governed by 14 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Minnesota. According to available records, Minnesota Power Foundation has made 738 grants totaling $3.2M, with a median grant of $1K. Annual giving has grown from $510K in 2020 to $797K in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 290 grants. Individual grants have ranged from $125 to $100K, with an average award of $4K. The foundation has supported 315 unique organizations. The foundation primarily supports organizations in Minnesota, Wisconsin, New Hampshire, which account for 99% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$125
Median Grant
$1K
Average Grant
$3K
Largest Grant
$75K
Based on 148 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Minnesota Power Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 738 grants. Its grantmaking reaches organizations primarily in MN, WI, NH.
Minnesota Power Foundation has distributed a total of $3.2M across 738 grants. The median grant size is $1K, with an average of $4K. Individual grants have ranged from $125 to $100K.
The application deadline is GRANT APPLICATIONS ARE ACCEPTED AND REVIEWED THROUGHOUT THE YEAR.. The minnesota power foundation is committed to improving the quality of life in the communities where the company conducts business. The minnesota power foundation focuses its giving in the following areas: education environment community services youth development arts and culture health and human services in general, all awards are considered one-time grants. Highest priority is given to nonprofit 501(c)(3) organizations within our service territory that submit well-defined requests for projects or programs that meet the following criteria: improve the community's quality of life have a broad base of support take an innovative and cost-effective approach do not duplicate other efforts already in existence increase public awareness.
Minnesota Power Foundation is headquartered in DULUTH, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bethany Owen | PRESIDENT | $0 | $0 | N/A |
| Jeffrey Scissons | TREASURER | $0 | $0 | N/A |
| Aimee Curtis | SECRETARY | $0 | $0 | N/A |
| Kelly Desormey | DIRECTOR | $0 | $0 | N/A |
| Gary Wheelock | DIRECTOR | $0 | $0 | N/A |
| Mike Perala | DIRECTOR | $0 | $0 | N/A |
| Melissa Weglarz | DIRECTOR | $0 | $0 | N/A |
| Frank Frederickson | DIRECTOR | $0 | $0 | N/A |
| John Muehlbauer | DIRECTOR | $0 | $0 | N/A |
| Jodi Piekarski | DIRECTOR | $0 | $0 | N/A |
| Lori Hoyum | DIRECTOR | $0 | $0 | N/A |
| Eric Clement | DIRECTOR | $0 | $0 | N/A |
| Michael Conradi | DIRECTOR | $0 | $0 | N/A |
| Kristopher Braun | DIRECTOR | $0 | $0 | N/A |
Total Giving
$813K
Total Assets
$930K
Fair Market Value
$930K
Net Worth
$608K
Grants Paid
$797K
Contributions
$750K
Net Investment Income
$39K
Distribution Amount
$53K
Total Grants
738
Total Giving
$3.2M
Average Grant
$4K
Median Grant
$1K
Unique Recipients
315
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Head Of The Lakes United WayANNUAL CAMPAIGN | Duluth, MN | $100K | 2023 |
| Essentia Health FoundationVISION NORTHLAND | Duluth, MN | $50K | 2023 |
| First Witness Child Advocacy CenterRESTORING HOPE: A CAPITAL CAMPAIGN TO END CHILD ABUSE | Duluth, MN | $50K | 2023 |
| Mesabi Fit Coalition24/7 FITNESS AND WELLNESS CENTER | Virginia, MN | $45K | 2023 |
| United Way Of 1000 LakesCAMPAIGN CONTRIBUTION | Grand Rapids, MN | $41K | 2023 |
| College Of St Scholastica IncCOLLEGE OF ST. SCHOLASTICA STUDENT CENTER | Duluth, MN | $35K | 2023 |
| United Way Of Northeastern MinnesotaCAMPAIGN CONTRIBUTION | Chisholm, MN | $30K | 2023 |
| Smart NorthDEER RIVER COMMUNITY TECH HUB | Minneapolis, MN | $30K | 2023 |
| Arrowhead Economic Opportunity AgencyHIBBING HOMELESS SHELTER RENOVATIONS | Virginia, MN | $25K | 2023 |
| Silver Bay Blue Line ClubSILVER BAY OUTDOOR RECREATION AREA | Silver Bay, MN | $25K | 2023 |
| Employment Enterprises IncKEEPING WHEELS ON OUR RECYCLING PROGRAM | Little Falls, MN | $25K | 2023 |
| Verndale PtaPIRATE PLAYGROUND | Verndale, MN | $20K | 2023 |
| United Way Of Carlton CountyANNUAL CAMPAIGN | Cloquet, MN | $16K | 2023 |
| Duluth Playhouse IncTHE LAB RE-ENVISIONING PROJECT | Duluth, MN | $15K | 2023 |
| Friends Of The Walker Public LibraryNEW WALKER PUBLIC LIBRARY | Walker, MN | $15K | 2023 |
| West Duluth American Legion Post #71RICE LAKE VETERAN MEMORIAL PARK | Duluth, MN | $10K | 2023 |
| University Of Minnesota DuluthENGINEERING SCHOLARSHIPS | Duluth, MN | $10K | 2023 |
| Western Lake Superior Habitat For HumanityHOME ADAPTATIONS FOR SAFETY AND ACCESSIBILITY | Duluth, MN | $10K | 2023 |
| Family Safety NetworkTRAUMA RESPONSE FOR VICTIMS OF DOMESTIC VIOLENCE | Walker, MN | $10K | 2023 |
| Kootasca Community ActionCHILDHOOD EDUCATION HUB PLAYGROUND | Grand Rapids, MN | $10K | 2023 |
| Minnesota Discovery CenterSCIENCE & ENGINEERING FESTIVAL | Chisholm, MN | $10K | 2023 |
| City Of MckinleyMCKINLEY MUNICIPAL PARK RENOVATION | Mckinley, MN | $10K | 2023 |
| Silver Bay Public LibraryLIBRARY RENOVATION AND EXPANSION PROJECT | Silver Bay, MN | $10K | 2023 |
| 7 Stars RanchPROGRAM GROWTH | Duluth, MN | $10K | 2023 |
| City Of Deer RiverPLAYGROUND AND PAVILION PROJECT | Deer River, MN | $10K | 2023 |
| Morrison County United WayCAMPAIGN CONTRIBUTION | Little Falls, MN | $10K | 2023 |
| Starbase Minnesota-DuluthTOPOGRAPHIC SANDBOX | Duluth, MN | $9K | 2023 |
| Boys & Girls Clubs Of Grand Rapids And GreenwayBOYS & GIRLS CLUBS OF GRAND RAPIDS AND GREENWAY | Grand Rapids, MN | $5K | 2023 |
| Duluth Superior Area Community Foundation2023 SCHOLARSHIP AWARD | Duluth, MN | $5K | 2023 |
| Habitat For Humanity Morrison CountyHOUSE 23 | Little Falls, MN | $5K | 2023 |
| Icaa Dba Lights In The PinesLIGHT UP THE PINES | Grand Rapids, MN | $5K | 2023 |
| Minnesota North Elm ProgramELECTRICAL MAINTENANCE PROGRAM BUILD OUT | Hibbing, MN | $5K | 2023 |
| Second Harvest North Central Food Bank Inc2023/2024 CHILD HUNGER PROGRAM | Grand Rapids, MN | $4K | 2023 |
| Hoyt Lakes Fire DepartmentFIREFIGHTER TURNOUT GEAR | Hoyt Lakes, MN | $4K | 2023 |
| Lakes Area United WayCAMPAIGN CONTRIBUTION | Brainerd, MN | $4K | 2023 |
| Aurora Hoyt Lakes Band BoosterSAXOPHONE PURCHASE | Aurora, MN | $3K | 2023 |
| Pierz Youth Baseball ClubNEW CONCESSION STAND | Pierz, MN | $3K | 2023 |
| Animal Allies Humane Society2024 HUMANE EDUCATION PROGRAM | Duluth, MN | $3K | 2023 |
| Mesabi East High School CheerleadingMESABI EAST CHEER TEAM GROWTH | Aurora, MN | $3K | 2023 |
| Wolverines Blue Line ClubCORPORATE SPONSORSHIP | Biwabik, MN | $3K | 2023 |
| Goodland TownshipGOODLAND PARK EXPANSION & RENOVATION | Goodland, MN | $3K | 2023 |
| Quad City Food ShelfMARCH FOOD SHARE MONTH | Mountain Iron, MN | $3K | 2023 |
| Horizon Health IncFAITH IN ACTION GIFT MATCH | Pierz, MN | $2K | 2023 |
| Lake Superior Warriors (Disabled Hockey)OPERATING EXPENSES AND TEAM JERSEYS | Esko, MN | $2K | 2023 |
| Long Prairie-Grey Eagle Elementary SchoolBAND IS "INSTRUMENTAL" | Long Prairie, MN | $2K | 2023 |
| WildwoodsENHANCING THE REHABILITATION OF WILDLIFE | Duluth, MN | $2K | 2023 |
| Itasca County Family YmcaCHILDCARE ASSISTANCE | Grand Rapids, MN | $2K | 2023 |
| Duluth Community Garden ProgramPROVIDING ACCESSIBLE GARDENING SPACES | Duluth, MN | $2K | 2023 |
| Superior Hiking Trail AssociationTRAIL MAINTENANCE | Two Harbors, MN | $2K | 2023 |